Ethiopia: Economic globalization

* indicates monthly or quarterly data series
 Ethiopia

Economic globalization index (0-100)

 Latest value 46.00
 Year 2021
 Measure points
 Data availability 1970 - 2021
 Average 24.14
 Min - Max 14.94 - 47.00
 Source The Swiss Institute of Technology in Zurich
For that indicator, we provide data for Ethiopia from 1970 to 2021. The average value for Ethiopia during that period was 24.14 points with a minimum of 14.94 points in 1970 and a maximum of 47 points in 2020. The latest value from 2021 is 46 points. For comparison, the world average in 2021 based on 184 countries is 58.31 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Ethiopia - Economic globalization - Recent values chart

Historical chart
Ethiopia - Economic globalization - historical chart - 1970-2021




The KOF Economic Globalization Index for Ethiopia and other countries has two dimensions. First, it measures the economic flows between Ethiopia and the rest of the world in terms of international trade and international investment. The question is whether Ethiopia exchanges a lot of goods, services, and investments with other countries. Second, it measures the restrictions to trade and investment such as tariffs and capital controls on international investment. Each dimension is based on several variables that are combined in one overall index that ranges from 0 to 100.
Definition: Economic globalization has two dimensions: actual economic flows and restrictions to trade and capital. The sub-index on actual economic flows includes data on trade, FDI, and portfolio investment. The sub-index on restrictions takes into account hidden import barriers, mean tariff rates, taxes on international trade (as a share of current revenue), and an index of capital controls. More information and the original data can be obtained here.

Related articles

The benefits and costs of free trade

Sudden stops in international finance



 Related indicators Latest value Reference Measure
 Overall globalization 46.00 2021 points
 Economic globalization 46.00 2021 points
 Political globalization 39.00 2021 points
 Social globalization 52.00 2021 points
This site uses cookies.
Learn more here


OK